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It’s weekend. You’re probably in the couch… and unless you’re reading stuff like this newsletter and review how you can make more money… BAD! ​ You’ve heard me saying it before. The most important decision in your life that will decide most of your chances of success is… ​ ​ ​ ​ Ahh… let me add something. ​ The most important decision that will determine your chances of success and wealth is… ​ ​ The place you live. ​ ​ Yes, sorry. Very simple. ​ Now you wonder, why people all around the world despite Trump and the media saying good and bad things about him and the USA, want to still go to the US. ​ If you live in your home town of 4.100 people… your market is very limited, your providers, your talent pool, the jobs you can access… everything. Limited. Clients and money available to pay for you and/or your services. Very limited. Even if you have good connection to the internet and you dream about a solo freelancering thing. Limited. ​ But let me tell you the second most important thing… ​ And it isn’t what happens to the S&P 500… ​ But, it’s your partner. ​ Yes. The person you marry or stay around with every day.
If that sounds dramatic, it’s because it is. But also: it’s math. Married people build 77% more wealth than their single counterparts, according to research published in the Journal of Sociology. According to the St. Louis Federal Reserve in the US, married couples had $393,000 in median wealth in 2022. Unmarried individuals: $80,000. Economists say married couples are more likely to own appreciating assets. When you have a partner, you share dreams and realities. You’re merging balance sheets and belief systems, and the ROI can show up in every part of your life: Better financial outcomes Higher net worth More emotional resilience A stronger foundation for your kids Longer lifespan, fewer health issues, lower rates of depression. ​ Logically, if you stay in a small town… the pool of potential partners is quite reduced… ​ Well… if you’re single, time to switch to Tinder or… Click in the link below (also valid for happy married ones)
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I buy houses, apartments and buildings from 20.000km distance. In Spain, Panama, New Zealand… and I can stay anywhere. Of course, I don’t recommend that for you. Some people want to push globalization too much. Having assets in London, NY, Madrid, Singapore, Sydney, etc. at the same time is not good for your health, nor your pocket. You miss specialization. You miss learning and knowing well a market. When bidding PPP projects, I have seen successful bidders doing so from the distance....
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